Memorandum of Compromise Entered by Operational Creditor and Resigned Director of Corporate Debtor is not valid: NCLAT upholds Order of NCLT in Favour of SBI
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) has held that memorandum of Compromise entered by the operational creditor...
![Audit Lapses: NFRA Bars Auditor of Bartronics India for 10 Years, Imposes Fine of 5 Lakh Rupees [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Audit-Lapses-NFRA-Bars-Auditor-Bartronics-India-for-10-Years-Imposes-Fine-of-5-Lakh-Rupees-Taxscan.jpg "Audit Lapses: NFRA Bars Auditor of Bartronics India for 10 Years, Imposes Fine of 5 Lakh Rupees [Read Order]")
![Dues Payable to Secured Creditors are at Higher Footing Than Electricity Dues: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2023/07/Dues-Payable-Secured-Creditors-Higher-Footing-Electricity-Dues-Supreme-Court-TAXSCAN.jpg "Dues Payable to Secured Creditors are at Higher Footing Than Electricity Dues: Supreme Court [Read Judgment]")
![Delay for Claim under CIRP without any Valid Ground: NCLAT refuse to Condones Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Delay-Claim-under-CIRP-NCLAT-Condones-Delay-Delay-for-Claim-under-CIRP-NCLAT-refuse-to-Condones-Delay-taxscan.jpg "Delay for Claim under CIRP without any Valid Ground: NCLAT refuse to Condones Delay [Read Order]")
![Typographical Mistakes in Order passed by NCLT: NCLAT Set aside the Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Typographical-Mistakes-NCLT-NCLAT-Typographical-Mistakes-in-Order-passed-by-NCLT-taxscan.jpg "Typographical Mistakes in Order passed by NCLT: NCLAT Set aside the Order [Read Order]")
Resolution plan Not Approvable due to non-compliance of provisions under Section 29A(G) read with Section 240 A of the IBC: NCLAT [Read Order]Â Â Â Â Â Â
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) held that the resolution plan was not approvable due to non-compliance with provisions under section 29A(G) read with section...
![Resolution plan Not Approvable due to non-compliance of provisions under Section 29A(G) read with Section 240 A of the IBC: NCLAT [Read Order]Â Â Â Â Â Â](https://www.taxscan.in/wp-content/uploads/2023/06/non-compliance-of-provisions-Resolution-plan-IBC-NCLAT-taxscan-.jpg "Resolution plan Not Approvable due to non-compliance of provisions under Section 29A(G) read with Section 240 A of the IBC: NCLAT [Read Order]Â Â Â Â Â Â")
Non-Consideration of Objection from Allottee of Land: NCLAT directs to Approve Resolution Plan after giving Opportunity to File Objection [Read Order]
The National Company Law Appellate Tribunal(NCLAT) directed to approve resolution plan after giving the opportunity to file objection to the allottee of land. UTI Employees Sai Samruddhi...
![Non-Consideration of Objection from Allottee of Land: NCLAT directs to Approve Resolution Plan after giving Opportunity to File Objection [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Non-Consideration-Objection-from-Allottee-of-Land-NCLAT-TAXSCAN.jpg "Non-Consideration of Objection from Allottee of Land: NCLAT directs to Approve Resolution Plan after giving Opportunity to File Objection [Read Order]")
Claim of Operational Creditor cannot be invalidated merely on Agreement not being Engrossed on Stamped Paper when Corporate Debtor utilises the Premises: NCLATÂ
The Principal bench of the National Company Law Appellate Tribunal (NCLAT) has held that claim of an Operational Creditor cannot be invalidated merely of the agreement not being engrossed on stamped...
Acknowledgement of liability by Corporate Debtor through Email not valid, cannot Extend Period of limitation:Â NCLAT
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) has held that Acknowledgment of liability by a Corporate Debtor (CD) through Email is not valid and cannot extend the period...
